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RTTN: Gold Flat Amid Mixed Dollar
 
(RTTNews) - The price of gold was little changed Tuesday morning amid a mixed U.S. dollar.

Gold for December delivery, the most actively traded contract, eased $3.80 to $1,335.10 an ounce.

Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, were unchanged at 1,298.27 tons.

Meanwhile, the U.S. dollar was almost flat versus the euro, while slipping near its lowest level in a week against sterling. The British pound gained strength after data revealed that UK's third quarter gross domestic product rose 0.8% sequentially, beating economists forecast for a 0.4% growth. The buck was little changed versus the Swiss Franc, while attempting to recover from its 15-year low against the yen.

Elsewhere, the price of silver edged down and platinum was steady. Meanwhile, copper continued to hover near its 2-year high in morning deals.

Today traders will look to S&P/Case-Shiller Home Price Indices, report on U.S. consumer confidence and Richmond Fed Manufacturing Index to get clues on the strength in the recovery of the economy.

by RTT Staff Writer
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